Santander

Senior Associate / Vice President, Accounting and Regulatory Reporting, Financial Control, Hong Kong

Santander  •  Onsite  •  22 days ago
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Job Description

Senior Associate / Vice President, Accounting and Regulatory Reporting, Financial Control, Hong KongCountry: Hong Kong

The Senior Associate or Vice President will play a critical role within the Financial Control function. This role requires strong technical expertise, attention to details, and the ability to comprehend HKMA regulatory requirements.

The successful candidate will contribute to the integrity and accuracy of financial and regulatory reporting while driving process improvements and automation initiatives over the financial information.

Key Responsibilities

Regulatory Reporting & Compliance

  • Ensure the timely and accurate preparation and submission of information to HKMA

  • Comprehend and analyse HKMA regulatory requirements and assess their impact on reporting and business activities

  • Review accounting and regulatory reporting implications of new products, transactions, and strategic initiatives

  • Maintain robust controls and governance frameworks to ensure compliance with regulatory standards

Accounting & Financial Reporting

  • Ensure timely and accurate month-end closing and Head Office reporting in accordance with Group policies and IFRS

  • Assist with tax reporting and transfer pricing implementation in line with Group and local requirements

Process Improvement & Automation

  • Actively participate in the automation and enhancement of regulatory reporting processes using new reporting solutions or AI tools, and engage closely with the key stakeholders to contribute to the success of these initiatives

  • Identify inefficiencies and proactively and resolve reporting issues through data-driven analysis

Stakeholder Management

  • Engage effectively with internal and external stakeholders on accounting and regulatory matters

Requirements

Experience

  • A qualified accountant with minimum 6 years of work experience for senior associate (9 years for VP), with meaningful experience in financial institutions in the accounting or reporting areas

  • Previous Big 4 experience is a plus

  • Successful track record in driving system changes, or process improvements is a plus

Technical Expertise

  • Strong knowledge of HKMA regulatory framework and reporting requirements (experience with GDR is a plus)

  • Strong understanding of IFRS particularly treatments on corporate and investment banking products

  • Proficiency in data tools (Power Query, SQL) and AI tools for automation and data analysis is a plus

  • Proficiencies in English and Chinese, and can speak in Mandarin

Personal Attributes

  • Detail-oriented with strong analytical and problem-solving capabilities

  • Collaborative team player with good stakeholder engagement skills

  • Self-driven and resilient person who embraces challenges and changes

Santander

About Santander

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boadilla del Monte, ES
Year Founded
Unknown
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